Medtech startup Awarepoint, which provided location tracking systems for medical equipment and personnel in hospitals and clinics, appears to have shut down, according to an Xconomy report. The San Diego, Calif.-based company’s website has gone down, and an anonymous source told Xconomy that the company shut down on May 24. Executives could not be reached […]
Thermo Fisher ups 2011 guidance on closing $3.6 billion Phadia buyout | Acquisitions/Funding Roundup
Thermo Fisher Scientific Inc. (NYSE:TMO) closed its highly anticipated $3.6 billion acquisition of Swedish blood test maker Phadia.
The all-cash deal, which is closed yesterday, gives Thermo Fisher expanded reach in specialty diagnostics. Phadia supplies more than 70 percent of the world’s allergy laboratory tests and 40 percent of autoimmunity tests.
Voice-command health IT firm launches with $650,000 | Funding roundup
A group of Cincinnati gastroenterologists have been joined by several business and technology partners to launch a health IT company that develops intraoperative voice-command software to document surgical procedures.
The company, eMerge Health Solutions, received $650,000 in investment commitments, including $250,000 from state-supported venture development group CincyTech.
GE Healthcare acquires high tech MRI company | Acquisitions roundup
GE Healthcare added another MRI technology to its imaging portfolio with the acquisition of Minneapolis-based Steady State Imaging.
SSI’s imaging platform is based on the University of Minnesota-developed SWIFT (Sweep Imaging with Fourier Transformation) method, which gives radiologists the ability to see tendons, ligaments and other tissues, an imaging capability not available in conventional imaging methods, according to GE Healthcare.